President-elect Donald Trump announced Saturday that he intends to dissolve his charity, the Donald J. Trump Foundation.
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In a press release, Trump said the foundation has done good work, but he wants to "avoid even the appearance of any conflict with my role as President."
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"I am very proud of the money that has been raised for many organizations in need, and I am also very proud of the fact that the Foundation has operated at essentially no cost for decades, with 100 percent of the money going to charity," the statement said.
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AP
Republican presidential candidate Donald Trump at a campaign rally in Denver on Nov. 5, 2016. (AP Photo/David Zalubowski)